Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With ID Stock Today?
Parts Id Inc (ID) stock is up 3.26% while the S&P 500 is down -0.36% as of 1:51 PM on Tuesday, Nov 1. ID has gained $0.04 from the previous closing price of $1.38 on volume of 1,258 shares. Over the past year the S&P 500 is down -16.38% while ID is down -66.74%. ID lost -$0.38 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Parts Id Inc click here.
More About Parts Id Inc
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products.
Click Here to get the full Stock Report for Parts Id Inc stock.
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